Today was quite the day of activity as teams look to gain as much cap space as possible before the beginning of free agency tomorrow. I am going to break things down by conference in two posts to keep things from getting too long. As for the salary cap charts please note that I will be doing my best to keep them updated and current over the next week but I’ll be playing catchup on some days so bear with me on it. Also the league has made more adjustments to the cap that I am unaware of for most teams so if you have any information please email me.
Miami Dolphins– While they did not do anything noteworthy the contract information for Brian Hartline and Matt Moore was reported by Ben Volin of the Palm Beach Post. It’s a great deal for Miami with Hartline. They got him at below top level number 2 money and have an easy out in year 3 of the contract. Moore’s contract is essentially a 1 year $4 million dollar deal as the high cap hit in 2014 makes him a likely release. This may have been a situation where they surveyed the landscape and thought his was he best fit and to approach it again next year. Miami went with extremely low year 1 cap charges for the two players all things considered, taking up just $4.615 million in cap space. Considering Miami’s cap situation it might mean that they will spend heavily in free agency.
New York Jets– The Jets tendered RT Austin Howard at the 2nd round level, which may be a bit shortsighted considering their salary cap space, or lack thereof. They may have been worried about a team signing him to a high cap charge year 1 contract that the Jets would be unable to match. No chance that he would draw any interest with a 2nd round price tag. The Jets also signed QB David Garrard to come in and join the QB carousel. The Jets are getting dangerously low in cap room where they may not have the room necessary to trade CB Darrelle Revis. The Jets need $3 million in cap space to trade Revis. They have a number of contracts that they can rework which would seem to be a priority if they want to sign anyone in the next few days. The Jets are asking WR Santonio Holmes to take a paycut.
Baltimore Ravens– The Ravens have tried for some time to get WR Anquan Boldin to accept a paycut which he refused to do, leading to his trade from the team. Boldin had been somewhat of disappointment since leaving the Arizona Cardinals but then made up for it with a great playoff run that culminated in the Super Bowl. The trade will be made official once Boldin passes a physical with the 49’ers. The Ravens will clear $6 million in cap room once the trade is official. The Ravens also tendered Ed Dickson today.
Tennessee Titans– Jay Glazer announced that G Steve Hutchinson will announce his retirement tomorrow. Hutchinson will save the Titans $3.75 million in cap room.
Denver Broncos– Andrew already covered of what went on in Denver as they are creating enough cap room to go out and do something big if they want to. I would imagine a lot of Revis speculation in the coming days. He is a perfect fit and they have a cap system that can absorb him if they desire. The Broncos continue to try to get DE Elvis Dumervil to take a paycut. Both sides have their own leverage here. The Broncos have no reason to keep the inconsistent player and could look for a cheaper veteran such as Dwight Freeney to replace him. Dumervil, as a young pass rusher, can likely get his full $12 million salary from another team if he hits free agency. My guess is Denver will not do anything with him until they are assured of a replacement.
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.